Can partner of an llp also be an employee?

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Apurva Sharma (Querist)
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08 September 2019 Can a partner of an LLP also be an employee and claim fixed salary income, gratuity, etc under head salary?

CA Ankit R Momaya (Expert)
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09 September 2019 Yes, Partner of LLP can claim Salary Income subject to the limits specified u/s 40(b) of Income Tax Act, 1961

Apurva Sharma (Querist)
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09 September 2019 That means can he claim gratuity too?

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